Singapore employers adopting wait-and-see approach on hiring, say observers

The number of employed residents went up by 14,900 from the year before.
The number of employed residents went up by 14,900 from the year before.PHOTO: ST FILE

SINGAPORE - Singapore's labour market may be recovering, but many employers are still adopting a wait-and-see approach before going all out in the hiring game.

Companies navigating the highly uncertain economic outlook are understandably cautious, said observers, as the pandemic will be a long and costly battle. Business volumes for some sectors will be unable to recover for a while, they added.

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